Singapore Stocks to Watch: Keppel Corp, Yangzijiang Financial, EC World Reit

Tiger Newspress2022-11-23

The following companies saw new developments that may affect the trading of their securities on Wednesday (Nov 23):

BlackRock became a substantial shareholder of conglomerate Keppel Corporation on Nov 18 after a related entity acquired 87,600 shares for a total of some S$650,000, a bourse filing on Tuesday (Nov 22) showed.

Yangzijiang Financial will partner Temasek-backed Heliconia Capital to invest in Singaporean and South-east Asian small and medium-sized enterprises (SMEs), through a fund with a target size of up to S$150 million.

The board of directors at EC World Real Estate Investment Trust EC World Reit has assessed that the trust will remain a going concern, a bourse filing on Tuesday (Nov 22) said.

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